LRS General Discussion, page-16968

There's many lithium stocks I don't own. The main reason I never bought WC8 was mostly financial (from memory when WC8 was becoming famous, my funds were tied up elsewhere). I'm also not particularly excited about Australian developers/producers due to the high operating costs and enormous capex which is partly due to flotation requirements (LTR appears to be $1bn capex) and AZS and WC8 will likely be the same cost.

LRS is still the safest lithium developer given lithium prices are so volatile. We remain one of the few stocks that will be profitable regardless of the price swings.

Also something I read from one of the more well informed lithium investors (Jswyft on reddit) today included an NPAT analysis showing that if LTR and LRS are both producing 500ktpa, LRS will produce larger profits than LTR. It supports my opinion that LRS is well undervalued at ~$600m market cap while LTR is up at $3.1bn (of course LTR has it's advantages including a far larger JORC, Western Australia premium and has already derisked further than LRS has).

Of course, I'm heavily biased given my holdings and I accept that every investor thinks every stock they own is undervalued.